89 Duke St | Southport PR8 5DE
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89 Duke St
Southport PR8 5DE
Retail Property For Sale
Investment Highlights
- Mixed Use Investment Property
- Great location
- Self Contained Retail Property
Executive Summary
The subject property is semi-detached mixed-use property comprising of a retail unit and residential accommodation. To be sold with the benefit of the existing tenants in situ. The ground floor retail unit produces approximately £250 per calendar month, lease expiry January 2025. The unit provides an open plan sales area with a WC and customer parking. The residential part is over part ground and first floor, which is seperately accessed, with a kitchen and lounge to the ground floor and three bedrooms and bathroom to the first floor. Sold with the benefit of an existing longstanding tenant, achieving approximately £660 per calendar month. Externally the property benefits from a lawned area with patio.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
264 SF
Year Built
1900
Price
$322,940 CAD
Price Per SF
$1,223 CAD
Cap Rate
6.07%
NOI
$19,592 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.05
Lot Size
0.11 AC
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